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DONE DEAL: Serviced apartment, ViPod Residences, Jalan Kia Peng, KL

Rented for: RM5,500 (RM4.40 psf)

Concluded by: Eugene Pang (REN 30525) of MIP Properties Sdn Bhd (016-272 4228)

When: September 2019

Noteworthy:
● Freehold
● Built-up: 1,250 sq ft
● 3 bedrooms and 2 bathrooms
● Fully-furnished
● Low floor unit
● Facilities: Sky deck, sky bar, gymnasium, infinity lap pool and others.
● Walking distance to Suria KLCC, Petronas Twin Towers, Pavilion Kuala Lumpur. Within 1km radius of public transport such as Raja Chulan Monorail station, KLCC LRT station and Bukit Bintang MRT station

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Developed by Monoland Corp Sdn Bhd, ViPod Residences (also known as ViPod Suites) is a high-rise residential development comprising a single 39-storey tower with 418 units. Built-up sizes of the units range from 635 sq ft to 1,350 sq ft.

The development is strategically located in the heart of Kuala Lumpur at Jalan Kia Peng, off Jalan Raja Chulan. This means amenities and public transportation are just a stone’s throw away – the residence is sandwiched between the popular Suria KLCC and Pavilion Kuala Lumpur shopping centres and is within walking distance to LRT, Monorail and MRT stations.

It is also surrounded by office towers, hotels and other luxurious high-rise residences. Certain units located on higher floors will have a view of the iconic Petronas Twin Towers.

The unit, which is on a low floor has found a foreign tenant, according to Eugene Pang from MIP Properties Sdn Bhd who concluded the deal. The owner is a property investor looking for rental returns.

“The tenant chose this unit as it was below the market [rental] price by about 10% for such units,” said Pang, who added that the owner had reduced the asking rent as the unit was vacant for almost a year.

As of October 2019, there were 49 rental listings on EdgeProp.my with an average listing price of RM5,511 or RM5.28 psf.

Units with built-up sizes of above 1,000 sq ft were asking from RM5,400 to RM9,000 per month or an average of RM6,192 per month (average RM4.76 psf).

Meanwhile, there were 30 for-sale listings with an average asking price of RM1,773,300.

Interested to buy a unit in ViPod Residences​? Or click here for more property listings in Jalan Kia Peng​, Kuala Lumpur. Click here to know more about Eugene Pang ​ and potential good deals.

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